Housing consents trend rises 50 percent

The trend for the number of new houses consented has risen 50 percent since March 2011, Statistics New Zealand said today.Housing consents trend rises 50 percent – Media release

The trend for the number of new houses consented has risen 50 percent since March 2011, Statistics New Zealand said today.

“We’ve seen continuous steady growth in the trend for the number of new houses consented since March 2011. Over 22 months, the trend has increased by 50 percent,” industry and labour statistics manager Blair Cardno said.

New housing growth continued in January 2013, with a 9.6 percent increase in the seasonally adjusted number of new non-apartment houses consented.

“All of the growth in January 2013, compared with 12 months ago, was from the North Island, with increases in Auckland, Wellington, and Bay of Plenty regions,” said Mr Cardno.

Together, Auckland and Canterbury regions continued to contribute over half of all new housing consents, as they have done almost every month since January 2012.

The regions with the largest number of new houses consented in January 2013 were:
• Auckland – 372, up 140 from January 2012.
• Canterbury – 378, down 1.